Industrial training

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This query is : Resolved

Querist : Anonymous

Querist : Anonymous (Querist)

21 September 2013 Hello Friends,

Any one please tell me whether i can do Industrial Training in my Article Ship or not as i am doing Articleship under direct entry system. When can i join if i can. and where can we do that. Will Reliance and other Big Companies permits?? Please confirm. Thank u..

CA Pallav Singhania

CA Pallav Singhania (Expert)

21 September 2013 Yes, you can join articleship,
But only in the last year of your articleship...

An articled clerk who has passed the Professional Education (Examination - II) or the Intermediate examination under these regulations may, at his discretion, serve as an industrial trainee for the period specified in sub-regulation (2) in any of the financial, commercial, industrial undertakings with minimum fixed assets of Rs. 1 crore; or minimum total turnover of Rs. 10 crores; or minimum paid-up share chapital Rs. 50 lakhs; or such other Institute or organisation as may be approved by the Council from time to time:

Provided that the articled clerk has intimated to his Principal his intention to take such industrial training at least three months before the date on which such training is to commence.";

The period of industrial training may range between nine months and twelve months during the last year of the prescribed period of practical training.

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